Turkmenistan's Foreign Ministry Discussed Preparations for the Central Asia-Republic of Korea Summit
17:48 21.11.2025 2780
Turkmenistan Foreign Minister Rashid Meredov met with Special Envoy of the Minister of Foreign Affairs of the Republic of Korea, Joo Hyun-baek, the Foreign Ministry of Turkmenistan reported on its website on November 20.
During the meeting, the parties discussed a wide range of bilateral cooperation issues in the political, trade, economic, cultural, and humanitarian spheres. It was noted that high-level visits and contacts play a decisive role in strengthening and expanding Turkmen-Korean relations, the Foreign Ministry wrote.
Special attention was paid to preparations for the Central Asia-Republic of Korea Summit.
Noting the long-standing successful activities of Korean companies in Turkmenistan, the parties reviewed the progress of existing projects in various fields.
The diplomats also discussed the participation of the Republic of Korea delegation in the International Forum for Peace and Trust, scheduled for December 12, 2020, in Ashgabat.
It is planned to increase hydrocarbon production in Balkan region
In the Balkan region, a key region in the oil and gas sector of Turkmenistan, it is planned to increase natural gas production to 11 billion cubic meters per year by 2025. The head of the Department for Analysis of Economic Risks of the Agency for Protection from Economic Risks under the Ministry of Finance and Economy of Turkmenistan, Hangeldi Gurbangeldiev, said this in a commentary for the official Turkmen press.
Gas price in Europe exceeded $3,300 per 1,000 cubic meters
The spot price of gas in Europe on Thursday evening continued its active growth. A jump in prices at the end of the European trading session is usually the result of the influence of the growth of quotations in the Asian market, Interfax reports.
The price of Brent rose above $100 per barrel again
Oil prices are rising moderately on Friday morning after falling the day before, foreign media reported.
The President of Turkmenistan dismissed the Deputy Chairman of the State Concern «Turkmennebit»
By the Decree of the President of Turkmenistan, Mammedov Toygeldi Bayrammyradovich was dismissed from the post of Deputy Chairman of the State Concern «Turkmennebit» as he failed to cope with the duties assigned to him.
Transactions for the export of LNG and jet fuel were entered at exchange trading
On Monday, August 22, 12 transactions were concluded at the State Commodity and Raw Materials Exchange of Turkmenistan for a total of $5.4 million, the ORIENT news agency reported.